The story
Founded by David Ellison on Oct 6, 2026.1
SKYD on NYSE
Logo: Skydance Media, Public domain, via Wikimedia Commons4
American multinational mass media and entertainment conglomerate based in Los Angeles, founded in 20261
In its 2026 annual report the company says: “We are a global media and entertainment company with a portfolio that includes Paramount Pictures, Paramount Television, CBS, CBS News, CBS Sports, Nickelodeon, MTV, BET, Comedy Central, Showtime, Paramount+, Pluto TV and Skydance Media, LLC’s animation, interactive/games and sports divisions.”7 It was founded by David Ellison.1
$6.91 down 0.35 (4.89%)Price as of Oct 16, 2026 at 19:58 UTC
Last updated Oct 21, 2026.
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We are a global media and entertainment company with a portfolio that includes Paramount Pictures, Paramount Television, CBS, CBS News, CBS Sports, Nickelodeon, MTV, BET, Comedy Central, Showtime, Paramount+, Pluto TV and Skydance Media, LLC’s (“Skydance”) animation, interactive/games and sports divisions.7 From its latest annual report
From the company’s reports to the SEC. Every number links to the filing it came from.
Revenue by product, business segment and region, as the company reports it to the SEC.
Affiliate And Subscription brought in 45% of the revenue Skydance Corporation broke down this way in fiscal 2024.
| Products and services | 2023 | 2024 |
|---|---|---|
| Affiliate And Subscription | $13.0B | $13.2B |
| Advertising | $10.0B | $10.3B |
| Licensing and other | $5.8B | $5.0B |
| Theatrical | $813.0M | $813.0M |
TV Media brought in 64% of the revenue Skydance Corporation broke down this way in fiscal 2024.
| Business segments | 2023 | 2024 |
|---|---|---|
| TV Media | $20.1B | $18.8B |
| Direct To Consumer | $6.7B | $7.6B |
| Filmed Entertainment | $3.0B | $3.0B |
United States brought in 81% of the revenue Skydance Corporation broke down this way in fiscal 2024.
| Regions | 2023 | 2024 |
|---|---|---|
| United States | $24.0B | $23.7B |
| Outside the United States | $5.7B | $5.5B |
Out of $29.2B in revenue.8 The company lost money this year.
Out of $752.0M of cash from operations.8
Every line of the income statement as filed: the last 2 fiscal years, latest first.8
| Period ending | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Revenues | $29.2B | $29.7B |
| Operating | $19.4B | $20.0B |
| Programming charges | $1.1B | $2.4B |
| Selling, general and administrative | $6.7B | $7.2B |
| Depreciation and amortization | $392.0M | $418.0M |
| Impairment charges | $6.1B | $83.0M |
| Restructuring, transaction-related items and other corporate matters | $747.0M | -$31.0M |
| Total segment expenses | $34.5B | $30.1B |
| Gain on dispositions | $0 | $0 |
| Operating income (loss) | -$5.3B | -$451.0M |
| Interest expense | -$860.0M | -$920.0M |
| Interest income | $151.0M | $137.0M |
| Gain (loss) from investments | -$17.0M | $168.0M |
| Gain on extinguishment of debt | $0 | $29.0M |
| Other items, net | -$182.0M | -$216.0M |
| Earnings (loss) from continuing operations before income taxes and equity in loss of investee companies | -$6.2B | -$1.3B |
| Benefit from income taxes | $305.0M | $361.0M |
| Equity in loss of investee companies, net of tax | -$291.0M | -$360.0M |
| Net earnings (loss) from continuing operations | -$6.2B | -$1.3B |
| Net earnings (loss) (Parent and noncontrolling interests) | -$6.1B | -$576.0M |
| Net earnings attributable to noncontrolling interests | -$41.0M | -$32.0M |
| Net loss attributable to Parent | -$6.2B | -$608.0M |
| Net loss from continuing operations | -$6.2B | -$1.3B |
| Net earnings from discontinued operations, net of tax | $14.0M | $676.0M |
| Net loss from continuing operations (in dollars per share) | -$9 | -$2 |
| Net earnings from discontinued operations (in dollars per share) | $0 | $1 |
| Net loss (in dollars per share) | -$9.34 | -$1.02 |
| Net loss from continuing operations (in dollars per share) | -$9 | -$2 |
| Net earnings from discontinued operations (in dollars per share) | $0 | $1 |
| Net loss (in dollars per share) | -$9.34 | -$1.02 |
| Basic (in shares) | 664.0M shares | 652.0M shares |
| Diluted (in shares) | 664.0M shares | 652.0M shares |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 5 fiscal years (annual) or 5 quarters (quarterly), latest first.8
| Period ending | 2025-12-31 | 2025-07-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|---|
| Cash and cash equivalents | $3.3B | $2.7B | |||
| Receivables, net | $6.6B | $6.9B | |||
| Programming and other inventory | $1.5B | $1.4B | |||
| Prepaid expenses and other current assets | $2.0B | $1.5B | |||
| Total current assets | $13.3B | $12.5B | |||
| Property and equipment, net | $2.2B | $1.6B | |||
| Programming and other inventory | $15.0B | $13.9B | |||
| Goodwill | $1.6B | $10.5B | $10.5B | $16.5B | |
| Intangible assets, net | $6.2B | $2.4B | |||
| Operating lease assets | $1.1B | $1.0B | |||
| Deferred income tax assets, net | $1.3B | $1.4B | |||
| Other assets | $2.6B | $2.8B | |||
| Total Assets | $43.3B | $46.2B | |||
| Accounts payable | $906.0M | $953.0M | |||
| Accrued expenses | $2.1B | $2.2B | |||
| Participants share and royalties payable | $2.6B | $2.6B | |||
| Accrued programming and production costs | $1.8B | $1.7B | |||
| Deferred revenues | $1.4B | $825.0M | |||
| Debt | $433.0M | $0 | |||
| Other current liabilities | $1.4B | $1.4B | |||
| Total current liabilities | $10.6B | $9.6B | |||
| Long-term debt | $13.2B | $14.5B | |||
| Participants share and royalties payable | $1.4B | $1.3B | |||
| Pension and postretirement benefit obligations | $1.2B | $1.2B | |||
| Deferred income tax liabilities, net | $85.0M | $34.0M | |||
| Operating lease liabilities | $1.1B | $1.0B | |||
| Programming obligations | $400.0M | $260.0M | |||
| Other liabilities | $2.5B | $1.4B | |||
| Additional paid-in capital | $13.4B | $33.4B | |||
| Retained earnings (accumulated deficit) | -$1.8B | $7.5B | |||
| Accumulated other comprehensive income (loss) | $59.0M | -$1.6B | |||
| Total Parent stockholders equity | $11.7B | $16.3B | |||
| Noncontrolling interests | $1.2B | $462.0M | |||
| Total Equity | $12.9B | $17.3B | $16.8B | $23.1B | $23.6B |
| Total Liabilities and Equity | $43.3B | $46.2B |
| Period ending | 2025-12-31 | 2025-07-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|---|
| Cash and cash equivalents | $3.3B | $2.7B | |||
| Receivables, net | $6.6B | $6.9B | |||
| Programming and other inventory | $1.5B | $1.4B | |||
| Prepaid expenses and other current assets | $2.0B | $1.5B | |||
| Total current assets | $13.3B | $12.5B | |||
| Property and equipment, net | $2.2B | $1.6B | |||
| Programming and other inventory | $15.0B | $13.9B | |||
| Goodwill | $1.6B | $10.5B | $10.5B | $16.5B | |
| Intangible assets, net | $6.2B | $2.4B | |||
| Operating lease assets | $1.1B | $1.0B | |||
| Deferred income tax assets, net | $1.3B | $1.4B | |||
| Other assets | $2.6B | $2.8B | |||
| Total Assets | $43.3B | $46.2B | |||
| Accounts payable | $906.0M | $953.0M | |||
| Accrued expenses | $2.1B | $2.2B | |||
| Participants share and royalties payable | $2.6B | $2.6B | |||
| Accrued programming and production costs | $1.8B | $1.7B | |||
| Deferred revenues | $1.4B | $825.0M | |||
| Debt | $433.0M | $0 | |||
| Other current liabilities | $1.4B | $1.4B | |||
| Total current liabilities | $10.6B | $9.6B | |||
| Long-term debt | $13.2B | $14.5B | |||
| Participants share and royalties payable | $1.4B | $1.3B | |||
| Pension and postretirement benefit obligations | $1.2B | $1.2B | |||
| Deferred income tax liabilities, net | $85.0M | $34.0M | |||
| Operating lease liabilities | $1.1B | $1.0B | |||
| Programming obligations | $400.0M | $260.0M | |||
| Other liabilities | $2.5B | $1.4B | |||
| Additional paid-in capital | $13.4B | $33.4B | |||
| Retained earnings (accumulated deficit) | -$1.8B | $7.5B | |||
| Accumulated other comprehensive income (loss) | $59.0M | -$1.6B | |||
| Total Parent stockholders equity | $11.7B | $16.3B | |||
| Noncontrolling interests | $1.2B | $462.0M | |||
| Total Equity | $12.9B | $17.3B | $16.8B | $23.1B | $23.6B |
| Total Liabilities and Equity | $43.3B | $46.2B |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 2 fiscal years, latest first.8
| Period ending | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Net earnings (loss) (Parent and noncontrolling interests) | -$6.1B | -$576.0M |
| Less: Net earnings from discontinued operations, net of tax | $14.0M | $676.0M |
| Net earnings (loss) from continuing operations | -$6.2B | -$1.3B |
| Programming charges | $1.1B | $2.4B |
| Depreciation and amortization | $392.0M | $418.0M |
| Impairment charges | $6.1B | $83.0M |
| Amortization of content costs and participation and residuals expense | $13.9B | $14.7B |
| Deferred tax benefit | -$630.0M | -$650.0M |
| Stock-based compensation | $245.0M | $177.0M |
| Gain on dispositions | $0 | $0 |
| (Gain) loss from investments | $17.0M | -$168.0M |
| Gain on extinguishment of debt | $0 | -$29.0M |
| Equity in loss of investee companies, net of tax and distributions | $304.0M | $363.0M |
| (Increase) decrease in receivables | $548.0M | $523.0M |
| Increase in inventory and related program, participation, and residuals liabilities | -$15.8B | -$15.5B |
| Increase (decrease) in accounts payable and other liabilities | $324.0M | -$659.0M |
| (Decrease) increase in pension and postretirement benefit obligations | $23.0M | -$69.0M |
| Increase in income taxes | $141.0M | $267.0M |
| Other, net | $227.0M | -$186.0M |
| Net cash flow provided by operating activities from continuing operations | $752.0M | $384.0M |
| Net cash flow provided by operating activities from discontinued operations | $0 | $91.0M |
| Net cash flow provided by operating activities | $752.0M | $475.0M |
| Investments | -$326.0M | -$322.0M |
| Capital expenditures | -$263.0M | -$328.0M |
| Acquisitions, net of cash acquired | $0 | $0 |
| Proceeds from dispositions | $554.0M | $71.0M |
| Other investing activities | -$8.0M | -$3.0M |
| Net cash flow used for investing activities from continuing operations | -$43.0M | -$582.0M |
| Net cash flow provided by investing activities from discontinued operations | $55.0M | $1.5B |
| Net cash flow (used for) provided by investing activities | $12.0M | $942.0M |
| Proceeds from issuance of debt | $0 | $45.0M |
| Repayment of debt | -$126.0M | -$1.3B |
| Repayment of Skydance credit facility | $0 | $0 |
| Dividends paid on preferred stock | -$29.0M | -$58.0M |
| Dividends paid on common stock | -$139.0M | -$389.0M |
| Payment of payroll taxes in lieu of issuing shares for stock-based compensation | -$60.0M | -$29.0M |
| Payments to noncontrolling interests | -$127.0M | -$93.0M |
| Other financing activities | -$26.0M | -$40.0M |
| Net cash flow used for financing activities | -$507.0M | -$1.8B |
| Effect of exchange rate changes on cash and cash equivalents | -$56.0M | -$1.0M |
| Net (decrease) increase in cash and cash equivalents | $201.0M | -$425.0M |
No quarter-by-quarter statement was filed.
Skydance Corporation sits at the top of its group. 1,251 entities, 15 countries on record. Switch between the flow chart and the network, and select any entity to see its details.
Built from subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; subsidiaries, stakes and holdings from Wikidata (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What Skydance Corporation reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, before depreciation | $2.3B8 Dec 31, 2025 | $5.2B8 Dec 31, 2024 | −56.1% |
| Accumulated depreciation | $110.0M8 Dec 31, 2025 | $3.7B8 Dec 31, 2024 | −97.0% |
| Property and equipment, net | $2.2B8 Dec 31, 2025 | $1.6B8 Dec 31, 2024 | +40.2% |
| Operating-lease assets (leased space) | $1.1B8 Dec 31, 2025 | $1.0B8 Dec 31, 2024 | +11.3% |
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $3.3B8 Dec 31, 2025 | $2.7B8 Dec 31, 2024 | +23.0% |
| Stakes in other companies (equity method) | $92.0M8 Dec 31, 2025 | $99.0M8 Dec 31, 2024 | −7.1% |
| Item | Latest | A year before | Change |
|---|---|---|---|
| Goodwill | $1.6B8 Dec 31, 2025 | $10.5B8 Dec 31, 2024 | −84.8% |
| Intangible assets, net (excluding goodwill) | $6.2B8 Dec 31, 2025 | $2.4B8 Dec 31, 2024 | +159.3% |
| Finite-lived intangibles, gross | $6.7B8 Dec 31, 2025 | $727.0M8 Dec 31, 2024 | +825.9% |
| Accumulated amortization | $493.0M8 Dec 31, 2025 | $533.0M8 Dec 31, 2024 | −7.5% |
| Finite-lived intangibles, net | $6.2B8 Dec 31, 2025 | $194.0M8 Dec 31, 2024 | +3115.5% |
Our significant physical properties are described below. In addition, we own and lease office, studio, production and warehouse space and broadcast, antenna and satellite transmission facilities throughout the U.S. and around the world. We consider our properties adequate for our present needs.
•We lease approximately 1.6 million square feet at 1515 Broadway, New York, New York, for executive, administrative and business offices, and studio and production space for the Company and certain of our operating divisions. The lease runs through 2031, with two renewal options for 10 years each based on market rates at the time of renewal.
•We own the CBS Broadcast Center complex located on approximately 3.7 acres at 524 West 57th Street, New York, New York, which consists of approximately 860,000 square feet of office, studio and production space.
•We lease approximately 137,000 square feet of office, studio and production space for the operations of KCAL-TV, KCBS-TV, the CBS News Bureau and Global Media Operations at the Radford Studio Lot in Studio City, California, under a lease expiring in 2031.
•We lease approximately 185,000 square feet of office and production space at 555 West 57th Street, New York, New York, under a lease expiring in 2029.
•We lease approximately 210,000 square feet of office and production space at 1575 North Gower Street, Los Angeles, California, under a lease expiring in 2028.
•We own our Cloud Control Center in Hauppauge, New York, containing approximately 112,000 square feet of floor space on approximately 13 acres of land.
•We own approximately 148,000 square feet of office, studio and production space in London, England.
•We lease approximately 118,000 square feet of office, studio, production and storage space at 1 Saunders Street, Pyrmont, New South Wales, Australia, under a lease expiring in 2033.
•We own the Paramount Pictures Studio lot at 5555 Melrose Avenue, Los Angeles, California, located on approximately 62 acres of land, and containing approximately 1.85 million square feet of floor space used for executive, administrative and business offices, sound stages, production facilities, theaters, equipment facilities and other ancillary uses.
•We entered into a lease for approximately 285,000 square feet of studio stage and production office space on a studio lot to be constructed in Bayonne, New Jersey by the lessor. The lease provides for a term of up to 12 years from completion of construction.
•We lease approximately 180,000 square feet of studio and office space at 203-231 West Olive Avenue, Burbank, California, in connection with our Nickelodeon animation studio, under two leases expiring in 2036.
•We lease approximately 270,000 square feet of office and production space at 2900 and 3000 Olympic Boulevard, Santa Monica, California, under a lease expiring in 2034.
•We lease approximately 75,000 square feet of office space at Calle General Lacy 23, Madrid, Spain under a lease expiring in 2028.
Item 2 of the 10-K filed Feb 25, 2026.7
Things Wikidata records the company as owning, with the share when stated.1
Founded by David Ellison on Oct 6, 2026.1
Who has led Skydance Corporation, and when. Pick a name to see everywhere that person has worked.
From Wikidata.1 The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
172 filings to the SEC since October 2021: 2 annual reports, 5 quarterly reports, 36 major events, 85 insider forms, 44 other. The latest 20:
The 172 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
1 open-market trades by officers, directors and large owners since October 2021: 1 buys and 0 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Aug 7, 2025 | Cardinale Gerald J.Director | Buy | 83,640,992 | Form 4 |
From Forms 4 filed with the SEC.
Skydance Corporation has told the SEC it owns more than 5% of 1 company, latest first (Schedules 13D and 13G).
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.
| Fund | Shares | Value | Share of the fund | Change |
|---|---|---|---|---|
| Lingotto Investment Management LLP | 46,061,363 | $455.8M | 9.8% | No change |
| State Street Corp | 27,438,574 | $272.3M | 0.0% | −6,802,349 |
| UBS Group AG | 26,357,669 | $259.9M | 0.0% | +6,180,844 |
| Invesco Ltd. | 23,925,293 | $235.9M | 0.0% | +339,849 |
| Vanguard Capital Management LLC | 22,436,823 | $221.2M | 0.0% | +2,126,478 |
| BlackRock, Inc. | 16,608,652 | $163.8M | 0.0% | −935,044 |
| Morgan Stanley | 15,970,636 | $157.5M | 0.0% | −65,026 |
| Vanguard Portfolio Management LLC | 15,512,056 | $152.9M | 0.0% | +1,980,060 |
| Pentwater Capital Management LP | 12,000,000 | $118.3M | 0.9% | +7,900,000 |
| MTCO Ltd. | 8,250,000 | $81.3M | 30.0% | +1,950,000 |
| Geode Capital Management, LLC | 7,571,972 | $74.5M | 0.0% | +135,813 |
| Slate Path Capital LP | 7,512,784 | $74.1M | 1.0% | No change |
| Dimensional Fund Advisors LP | 6,902,267 | $68.1M | 0.0% | +2,931,347 |
| Susquehanna International Group, Llp | 6,702,988 | $66.1M | 0.1% | +4,873,841 |
| Goldman Sachs Group Inc | 6,518,126 | $64.3M | 0.0% | +2,701,213 |
| Kohlberg Kravis Roberts & Co. L.P. | 5,535,928 | $54.6M | 1.0% | No change |
| Charles Schwab Investment Management Inc | 4,715,572 | $46.5M | 0.0% | +768,241 |
| Deutsche Bank Ag\ | 4,004,223 | $39.5M | 0.0% | +188,212 |
| DME Capital Management, LP | 3,926,080 | $38.7M | 1.0% | No change |
| Bank Pictet & Cie (Europe) AG | 3,527,388 | $34.8M | 0.7% | No change |
| Citadel Advisors LLC | 2,537,468 | $25.0M | 0.0% | −3,646,683 |
| LTS Liquid Investments LLC | 2,306,328 | $22.7M | 12.2% | +275,737 |
| Northern Trust Corp | 2,253,962 | $22.2M | 0.0% | +62,497 |
| Bank Of America Corp /de/ | 1,825,019 | $18.0M | 0.0% | −1,195,371 |
| Vanguard Fiduciary Trust Co | 1,791,964 | $17.7M | 0.0% | +70,368 |
13F reports cover disclosed long positions in U.S. stocks only.
How Skydance Corporation is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
FWP (5), S-4/A (5), UPLOAD (4), CERT (3), 8-A12B (2), EFFECT (2), S-8 (2), 10-K (1), 10-K/A (1), 11-K (1), 25 (1), 424B3 (1), 424B5 (1), 8-K/A (1), 8-K12B (1), 8-K12B/A (1), DEFA14A (1), DEFC14A (1), DEL AM (1), POS AM (1), PREC14A (1), PRER14A (1), PRRN14A (1), S-3ASR (1), S-4 (1), SC TO-T (1), SCHEDULE 13D/A (1), SP 15D2 (1)
| Class | Symbol | Exchange |
|---|---|---|
| Class B Common Stock, $0.001 par value | PSKY | The Nasdaq Stock Market LLC |
From the cover page of the 10-K filed Feb 25, 2026 (Section 12(b) of the Exchange Act).7
The risks Skydance Corporation names in Item 1A of its 10-K filed Feb 25, 2026: 29 risks under these headings, as written.7
The information set forth under the caption “Legal Matters” in Note 18 to the consolidated financial statements in “Item 8. Financial Statements and Supplementary Data—Notes to Consolidated Financial Statements” is incorporated herein by reference.
The opening of Item 3, Legal Proceedings.7
The numbers on this page point here. Each one links to the record it came from.